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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Earlie who wrote (66211)9/12/2009 12:56:47 PM
From: AreWeThereYet   of 78409
 
It has been two months I read about your comment about China. Here are some of what I gathered so far (source from Hong Kong and China).

1. There is no unemployment issue observed. Believe or not, this is a truth. It seems Central government is no longer supporting the smaller manufacturers and factories along the coast(actually has been like that for a few years). Workers got laid off are either going back to their home provinces or go to midwest or Shanghai, lots of opportunities there.

2. More than 70% of economic growth in H1 is coming from infrastructure construction, as export dropped significantly.

3. I tried many times to confirm if China is running a deficit or not, but no luck. However, who is lending money to China when China has the biggest USD reserve? And the Yuan is artificially kept undervalued.
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